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Elon Musk to receive 2019 Stephen Hawking Medal for Science Communication

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Elon Musk has been selected as one of the recipients of the 2019 Stephen Hawking Medal for Science Communication, an award created in honor of the legendary theoretical physicist for individuals who promote the public awareness of science. The SpaceX and Tesla CEO will be receiving the Stephen Hawking medal at the Starmus Festival this coming June in Zurich, Switzerland.

The Stephen Hawking Medal for Science Communication is a prestigious award in the scientific community, having been introduced back in 2015 at the Royal Society in London by a panel including the theoretical physicist himself. The medal honors individuals from three communities: the scientific community, the artistic community, and the film community. When he personally presented the medals at the Starmus Festival in June 2016, Hawking noted that the award “matters to me, to you, to the world as a whole.”

Elon Musk will be receiving the Stephen Hawking medal for the scientific community for his “astounding accomplishments in space travel and for humanity,” according to Starmus in a press release. Starmus founding member and PhD astrophysicist Brian May will be personally presenting the medal to Musk, who has been described by noted evolutionary biologist Richard Dawkins as a “hero for our times.”

Other recipients of the Stephen Hawking Medal for Science Communication this year are musician Brian Eno for his contribution to the popularisation of science, as well as Todd Douglas Miller’s documentary Apollo 11, which provides a “breakthrough look” at the mission that brought man to the Moon.

The upcoming Starmus Festival is expected to be graced by some of the scientific community’s most prolific individuals. Educator Bill Nye will be the host of the ceremonies, and other notable individuals such as Apollo 11 astronaut Michael Collins and six other Apollo mission astronauts will be in attendance. Sir Michael Hintze, founder and Group Executive Chairman of asset management firm CQS and one of the supporters on Starmus, shared his excitement for this year’s awards.

“I am excited about our support for Starmus and the 2019 Stephen Hawking Medal. It is enabling us to better understand the origins and fate of our universe, where we have come from and where we might go. It is about intellectual curiosity, striving for knowledge and a journey of discovery about our planet and our place in the universe.  For science to grow and prosper we must excite and engage with our youth, and capture their imagination. The work being done here connects into the global scientific community and facilitates global collaboration,” he said.

This year’s awards are the first to be given since the death of Stephen Hawking, who personally invited Musk to Starmus prior to his passing. Starmus noted that this year’s awards are dedicated to the legacy of Hawking, and they are given in recognition of his affinity for applied technology.

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Elon Musk is a polarizing figure in mainstream media today partly due to his celebrity CEO status and the public nature of his electric car and energy company, Tesla. Nevertheless, Musk has received numerous accolades over the years. Just this past January, Musk was dubbed as “Disruptor of the Year” for making the most ripples in the auto industry. Last year, Musk was also named as one of 2018’s best CEOs by Tesla and SpaceX employees, most likely due to his bold, hands-on leadership style.

During the days of the Model 3 ramp, for example, Musk courted some headlines after he was sighted torquing bolts with Tesla’s workers during the rapid buildout of GA4. Musk also reportedly uses himself as Autopilot’s primary test subject, running aggressive test versions of the driver-assist system to check for bugs and the limits of the system’s capabilities. A member of Tesla’s Autopilot team previously noted that this has resulted in Musk finding himself in “situations that many of us wouldn’t want to be in.”

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it

The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.

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The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.

The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.

The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.

The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.

It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.

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Elon Musk and SpaceX shrugs off the trading day Wall Street feared most

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Rendering of Elon Musk overlooking a Starship fleet (Credit: Grok)

SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.

Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.

SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles

The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”

When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.

The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.

None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.

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The Boring Company’s newest Vegas Station has a permit quietly waiting behind it

Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.

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Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.

The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.

The Boring Company just doubled its tunneling power in Nashville

The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.

Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.

For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.

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